AN Options History — May 2019

In May 2019, AN traded between $39.05 and $41.88. ATM implied volatility averaged 29.4%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 1.2% (HV 20d: 30.5%). Max pain ranged from $37.00 to $42.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 2.54.

Notable Days

  • 2019-05-03: Highest Volume — 1,646 contracts
  • 2019-05-13: Largest IV spike — 30.6% change
  • 2019-05-13: Highest IV Rank — 55.4%
  • 2019-05-13: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.08$39.05$41.88$41.08$39.58
Max Pain$40.00$37.00$42.00$37.00$39.00
ATM IV29.4%26.0%36.7%29.0%29.9%
Expected Move8.2%7.5%9.2%8.3%8.6%
HV 20d30.5%19.0%34.4%34.2%19.3%
HV 60d30.2%28.5%31.8%31.8%28.5%
IV Rank21.3%5.7%55.4%19.6%23.7%
IV Percentile36.5%6.7%77.8%40.9%44.0%
Term Structure-0.3%-1.4%0.8%-0.6%-1.1%
VWIV28.6%25.7%32.1%29.1%28.5%
Skew 25d4.0%2.1%5.8%2.1%4.0%
Skew 10d11.9%3.9%21.4%9.3%10.2%
Call IV 25d27.0%25.3%30.4%27.8%29.5%
Put IV 25d31.1%29.0%34.9%29.9%33.5%
Bid-Ask Spread %56.5342.8781.7381.7376.34
Gamma HHI0.180.100.600.100.21
Net GEX119.8K-155.3K1.1M220.7K-152.9K
Net DEX-1.5M-6.2M1.2M-4.8M1.2M
Net VEX-32.9K-35.1K-27.8K-32.3K-31.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.540.0413.050.751.20
Total Volume540.909541,646437597
Total OI7,417.2736,5548,2437,3427,238

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$41.08$37.0029.0%8.3%34.2%19.6%29.1%2.1%-0.6%220.7K-4.8M-32.3K0.7581.73N/AN/A2501872,9384,404
2019-05-02$40.95$37.0028.2%8.1%34.3%15.9%27.6%3.7%-1.4%225.6K-4.7M-31.1K0.8975.77N/AN/A3292922,9564,508
2019-05-03$41.52$37.0026.6%7.6%34.4%8.4%27.7%2.9%0.2%229.7K-5.1M-32.4K3.6264.99N/AN/A3561,2903,0084,550
2019-05-06$41.88$42.0029.6%7.9%32.2%22.3%30.2%4.3%0.5%259.7K-6.2M-27.8K3.4542.96N/AN/A2739433,0043,550
2019-05-07$41.00$42.0033.2%8.7%33.6%39.2%32.1%4.7%-0.5%177.2K-4.1M-35.1K3.3343.28N/AN/A2999953,1914,453
2019-05-08$40.77$42.0031.5%8.3%33.6%31.1%30.5%3.6%-0.2%186.8K-4.0M-33.7K2.4551.04N/AN/A3468473,1954,482
2019-05-09$40.36$42.0033.2%8.6%33.8%39.0%29.8%5.8%-0.3%190.8K-2.8M-34.5K0.9348.21N/AN/A3503263,2244,483
2019-05-10$39.80$42.0028.1%8.4%34.1%15.5%29.2%4.8%-1.0%192.6K-1.9M-34.3K2.1664.86N/AN/A37803,2284,611
2019-05-13$39.05$42.0036.7%9.2%34.4%55.4%31.5%4.5%-1.1%155.0K-372.7K-33.5K0.6742.87N/AN/A106713,2284,611
2019-05-14$39.20$42.0035.7%8.6%34.4%50.6%28.2%5.5%-1.0%192.2K-667.9K-34.2K0.7347.44N/AN/A5864263,2634,693
2019-05-15$39.05$40.0029.0%8.3%33.8%19.5%28.6%4.1%-0.1%219.7K-370.0K-34.5K3.2344.39N/AN/A351133,4254,700
2019-05-16$39.61$40.0027.7%7.9%34.1%13.5%28.1%3.8%-0.2%370.9K-1.6M-34.4K1.0046.27N/AN/A1401403,4424,801
2019-05-17$40.03$40.0027.5%7.9%34.2%12.6%28.6%3.9%0.3%1.1M-2.7M-33.6K0.6552.95N/AN/A3142053,3834,820
2019-05-20$39.75$40.0028.0%8.0%33.8%15.2%27.9%4.5%-0.3%-84.9K346.6K-32.9K0.1244.83N/AN/A7592,3724,370
2019-05-21$40.00$40.0027.6%7.9%33.7%13.1%28.0%3.6%-0.6%-73.0K-77.5K-32.1K1.4850.04N/AN/A841242,3664,364
2019-05-22$39.90$40.0026.5%7.6%33.1%7.9%27.8%4.4%0.6%-90.9K88.7K-32.6K3.3349.92N/AN/A421402,3844,457
2019-05-23$39.05$40.0029.3%8.4%33.1%20.9%29.3%4.3%-0.4%-129.1K1.1M-33.2K11.4463.37N/AN/A434922,3914,467
2019-05-24$39.76$39.0026.0%7.5%19.6%5.7%27.2%4.2%0.7%-126.6K765.2K-33.0K13.0569.67N/AN/A374832,4014,727
2019-05-28$39.67$39.0027.1%7.8%19.6%10.9%27.4%3.4%0.8%-155.3K836.2K-32.7K0.0457.74N/AN/A5222,4174,761
2019-05-29$39.67$39.0028.3%8.1%19.6%16.6%25.7%2.9%-0.7%-153.7K838.4K-32.5K0.6851.41N/AN/A77522,3834,763
2019-05-30$40.05$39.0027.3%7.8%19.0%11.8%26.9%3.7%-0.5%-130.1K167.5K-30.8K0.6773.67N/AN/A1531022,3934,775
2019-05-31$39.58$39.0029.9%8.6%19.3%23.7%28.5%4.0%-1.1%-152.9K1.2M-31.7K1.2076.34N/AN/A2713262,4414,797